HighByte, a Portland-based industrial software startup, has formed a Board of Directors to help guide the company’s strategic direction.

The company has appointed Betsy Peters and Corson Ellis to its board. The appointments follow the recent close of the company’s $875,000 pre-seed funding round and mark the company’s transition from an initial founder-only board to one with external representation.

Peters, an entrepreneur and business executive with 25-years experience in technology, has been named Independent Board Chair. For the past four years, she helped lead the strategic direction of Maine-based software startup CourseStorm as Board Chair. She is currently CEO of Cambium Enterprises, an innovation strategy firm, and an adjunct instructor at the Massachusetts Institute of Technology.

Ellis, who invested in the company’s pre-seed round, joins the board as representative of the company’s investors. Ellis was previously founder and chairperson of Kepware, an industrial software firm in Portland that sold to PTC, a Boston-based enterprise software company, in January 2016. HighByte’s co-founders—Paine, John Harrington, and Torey Penrod-Cambra—all previously worked at Kepware.

The board will provide perspective and guidance on the company’s ongoing strategic direction, including go-to-market planning and future fundraising.

“I was honored to accept the role of Board Chair because of the talented and experienced HighByte team who have demonstrated success working together in this market,” Peters said in a statement. “They’ve developed a promising and desirable solution to help customers unlock the potential of their industrial data. I’m committed to supporting them as they achieve the next stages of growth, feasibility, and viability.”

Joe Powers of Maine Venture Fund and Matthew Hoffner of Maine Technology Institute, both of whose institutions participated in the pre-seed funding round, have joined the board as observers. Harrington and Penrod-Cambra will also serve as board observers.